Tuya Inc. (TUYA) Misses Q2 EPS by 3c
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Tuya Reports Second Quarter 2021 Unaudited Financial Results
August 18, 2021 5:00 AM EDTSANTA CLARA, Calif., Aug. 18, 2021 /PRNewswire/ -- Tuya Inc. ("Tuya" or the "Company") (NYSE: TUYA), a global leading IoT platform, today announced its unaudited financial results for the second quarter of 2021.Â
Second Quarter 2021 Financial Highlights
Total revenue was US$84.7 million, up approximately 118.0% year over year (2Q2020: US$38.8 million). IoT PaaS revenue was US$76.9 million, up approximately 163.9% year over year (2Q2020: US$29.1 million). SaaS and other revenue was US$3.4 million, up approximately 171.4% year over year (2Q2020: US$1.2 million). Overall... More